Can I host a Tekkit server on a Raspberry Pi 3 Model B with 80Mbps up/down internet?

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I want to get a tekkit server but I don't want to spend the money renting it. I have this RPi sitting around not doing anything so I thought setting a server up on it might be a good idea. I was wondering, though, how many players could I have on this server given the specs of the RPi Model B? Could Tekkit main run with 12 players on it? I have Verizon Fios 80Mbps download and 80Mbps upload speed. Should that connection be able to sustain a 12 player Tekkit main server?